The Reserve Bank chairman Philip Lowe said he was essentially keeping an eye on the property market but that holding interest rates at their current historically low level was front and centre of his economic agenda, even though when the international borders open and the expats come home property prices are expected to really take off.

CBA head of Australian economics Gareth Aird said with high auction clearance rates, a jump in new lending and an undersupply of properties it’s “all pointing towards housing at red hot levels”.

With a strengthening economy and a return to normalisation of Australia’s migration program, demand is expected to well and truly exceed supply over the next 3-4 years.

Using a Buyer’s Agent: At TBAS®, we offer comprehensive end-to-end support – from identifying and analysing potential properties to dealing with agents, attending inspections, bidding at auction and negotiating a sale on your behalf. We take the time to understand your timeline, budget and exactly what you’re looking for, then create a tailored strategy to get you into your dream home, fast.

We recently achieved outstanding results in Bellevue Hill, Cronulla, Bowral, Maroubra, St Ives and Avalon Beach.

Disclaimer: Not all Properties were bought or sold by TBAS® Buyers Agents. The Auction Results Sydney are compiled for research purposes to assist our valued clients in making educated decisions when purchasing property